Our pivot point stands at 0.2389.
Our preference: the downside prevails as long as 0.2389 is resistance.
Alternative scenario: above 0.2389, look for 0.2463 and 0.2506.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.2339 and 0.2334).
Supports and resistances:
0.2506 **
0.2463 *
0.2389 **
0.2361
0.2329 last
0.2241
0.2197 **
0.2154 *
0.2110 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-04-2025 at 04:09 UTC+1
Price reference: 0.2329 last known on 09-04-2025 at 04:09 UTC+1
Investment horizon: INTRADAY
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